In March 2012, IUCN Council has approved IUCN’s new Business Engagement Strategy, which applies to IUCN Secretariat and shall guide the work of the Commissions. The Strategy aims to encourage transformational and demonstrable change at the company and sectoral level in how biodiversity is valued and managed by businesses in order to conserve and restore biodiversity and to ensure that biodiversity benefits are shared equitably. It’s structured around one main objective (Business practices at landscape and seascape levels are transformed to generate benefits for biodiversity and natural resource-dependent livelihoods) and three interconnected entry points, that focus on the corporate policies, on supply chains; and on public and financial sector policies.
This Pavilion session will be an opportunity for IUCN members and Secretariat to discuss how the different IUCN’s components can work together in implementing the IUCN Business Engagement Strategy. The session will also provide an opportunity to learn about the recently launched Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES). Businesses will be welcome to join the discussion providing also suggestions on how to best create win-win engagements that would meet the conservation agenda as well as the business needs.